Is Leroy Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leroy Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Leroy Township was a Seller's Market.

Key Takeaway

Leroy Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Leroy Township, OH

How much do homes in Leroy Township, OH cost?

Median Sold Price

$347,500

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$32,550(+10.3%)

Key Takeaway

Homes in Leroy Township have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Leroy Township was $347,500 in March 2024, up 10.3% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$241.5K
N/A
3 $260K$329.9K
+26.9%
4 $391K$352K
-10.0%
5+ $340K$327.5K
-3.7%

Summary: Leroy Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Cities

Leroy Township
+10.3%
Concord Township
+2.6%
Perry Township
-5.9%

Housing Supply in Leroy Township, OH

How many homes are available in Leroy Township, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
47+75.0%

Summary: The Leroy Township real estate market had 7 homes for sale in March 2024, a 75.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 02
+100.0%
4 12
+100.0%
5+ 12
+100.0%

Summary: The Leroy Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leroy Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Leroy Township in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Leroy Township, OH

How long does it take to sell a home in Leroy Township, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
116 Days160 Days+37.9%

Summary: Homes in Leroy Township had an average of 160 days on market in Mar 2024, up by 37.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Leroy Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Leroy Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Leroy Township, OH

Nearby Markets to Leroy Township, OH

What housing markets are near Leroy Township, OH?